Friday, December 28, 2012

How to Real Estate Investors acquire thousands of properties ...

Syndication may let you get a lot of units, numerically. But when you bring in other people and their money, you're giving up returns. That said, the management fees from a syndicate are sometimes the ONLY money being made. Ask me about a mini-storage I'm stuck in!

What's the biggest key? Spend less than you make. Whether you're making $10 an hour or have a $200K a year job, you have to spend less than you make. Save the difference and invest it. Buy good investments (tough to do 100% of the time) and roll the returns back into your portfolio. Over time, it will begin to snowball.

Source: http://www.biggerpockets.com/forums/61/topics/80554-how-to-real-estate-investors-acquire-thousands-of-properties-overtime

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